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Express News | Southern Copper: Southern Peru Copper Corporation to Restart Construction of Tia Maria Project
This week's bull stock in the US | Electric vehicle stocks collectively soar! Tesla's rise exceeded 24%, Ideanomics rose nearly 16%; Broadcom rose nearly 8%, and received the layout of "Congress Mountain Stock God" Pelosi.
This week, the Dow Jones Industrial Average rose by 0.48% to close at 39,308 points; during the same period, the S&P 500 index rose by 1.4% to close at 5,537.02 points; and the Nasdaq index rose by 2.57% to close at 18,188.3 points.
The Federal Reserve's dovish tone is rising! During the interest rate cut cycle, which assets are worth paying attention to?
Based on the June dot plot, the Federal Reserve is expected to cut interest rates only once. Nevertheless, 7 Wall Street banks expect the Fed to cut interest rates twice this year, a total of 50bps. Looking at the time of the first rate cut, more than half of institutions anticipate it will happen in September.
Express News | Freeport Mcmoran up 4.8%, Southern Copper up 6.3%; Canadian Miners Teck Resources, Hudbay Minerals and First Quantum Minerals Rise Between 3.6% and 7%
Express News | Shares of Copper Miners Gain After Copper Prices Rise Over 2%
Shares of Copper Companies Are Trading Higher Amid an Increase in the Price of Copper. Also, Strength in the Sector May Be Due to Trader Optimism for a Stimulus in China and a Rate Cut in the United States.
Shares of Copper Companies Are Trading Higher Amid an Increase in the Price of Copper. Also, Strength in the Sector May Be Due to Trader Optimism for a Stimulus in China and a Rate Cut in the United S